For 2024, Telesat continues to expect full year:
- revenues to be between C$545 million and C$565 million;
- Adjusted EBITDA to be between C$340 million and C$360 million, which reflects Telesat Lightspeed operating expenses of between C$80 million and C$90 million; and
- cash flows used in investing activities to be in the range of C$1,000 million to C$1,400 million, which is nearly all related to expected Telesat Lightspeed capital expenditures.